What are the responsibilities and job description for the Analyst - Business Unit Control (Deduction Analyst) position at Apolis?
Job Title- Deduction Analyst
Loaction- Bridgewater, NJ
Duartion- 10 Month Contarct
Skills
SAP knowledge needed
Prior experience in Vistex a plus
Summary
The Deduction Analyst is responsible for processing, clearing, managing, and analyzing chargeback deductions for the Medical Nutrition business. This role requires a detail-oriented individual who can ensure accuracy in chargeback payments, communicate deduction overages, and collaborate with various internal departments and external stakeholders to improve processes and resolve discrepancies.
Key Responsibilities :
Analyze and process customer deductions in a timely manner
Collaborate closely with chargeback analysts to understand approved chargeback values monthly for a large volume of distributor customers
Issue direct payments for various distributors and other customers for chargeback and rebate payments
Collaborate with broader Client AR, cash application, credit and collections teams to ensure all chargeback deductions are coded, cleared and managed appropriately for the Medical Nutrition business unit.
Conduct comprehensive accounts receivable analysis for a substantial number of distributor customers, with a strong emphasis on mitigating purge.
Prepare monthly reports on deduction totals and variances for Chargeback Team review and alignment
Maintain a mindset of continuous process improvement, prioritizing the elimination of manual processes and the implementation of automation whenever feasible.
Engage in monthly Medical Nutrition KPI tracking meetings with an emphasis on the presentation of deduction status, purge status and purge forecasting
Support Medical Nutrition Co-Pilot where necessary in project-based work
Qualifications :
Previous experience in financial analysis, accounts receivable or deduction management preferred.
SAP knowledge needed
Prior experience in Vistex a plus
Strong analytical skills with attention to detail.
Excellent communication and interpersonal skills.
Ability to work independently and as part of a team.
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